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ESG Book Launches Risk Score Tool for Comprehensive ESG Analysis Based on UN Global Compact Principles

ESGESG Book Launches Risk Score Tool for Comprehensive ESG Analysis Based on UN Global Compact Principles

ESG Book, a sustainability data and technology company, has launched a new tool called Risk Score, designed to help investors and corporates assess company exposure to critical ESG topics based on the UN Global Compact (UNGC). The UNGC is a consortium committed to aligning strategies with principles on human rights, labor, environment, and anti-corruption. The Risk Score covers over 10,000 companies and utilizes more than 200 metrics to provide comprehensive analytics on each company’s exposure to UNGC principles. It allows users to drill down to raw data, source documentation, and includes point-in-time history for time series risk analyses. The tool is meant to be used alongside ESG Book’s ESG Performance Score, which assesses corporate sustainability performance. Daniel Klier, CEO of ESG Book, highlighted that the Risk Score is designed for both investors and corporates, offering insights for universe selection, portfolio monitoring, engagement, and self-assessment. Additionally, ESG Book released a study indicating that US and Canadian companies are three times more likely to risk violating UNGC environmental principles but outperform on anti-corruption risk exposure, while European companies have lower overall risk exposure, and Asian companies face greater risk, particularly on anti-corruption.

By FCCT Editorial Team

Disclaimer: The views expressed in this article are independent views solely of the author(s) expressed in their private capacity.

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